Relacionar Columnas Forms of Business OrganizationVersión en línea Vocabulary terms por carlos sosa 1 Sole Proprietorship 2 stockholders or shareholder 3 inventory 4 double taxation 5 partnership 6 general partnership 7 principal 8 limited partnership 9 Bond 10 preferred stock 11 interest 12 common stock 13 charter 14 corporation 15 stock 16 limited life 17 dividend 18 unlimited liability check that transfer a portion of the company profits to stockholders, usually quarterly form of business organization recognized by law as a separate legal entity most frequently used form of corporate ownership, with one vote per share for stockholder formal contract to repay borrowed money with interest form of partnership where all partners are equally responsible for management and debts unincorporated business owned and operated by two or more share the profits and responsibility for debts. people who own a share of stock in a corporation taxation of dividends both as corporate profit and as personal income written government approval to establish a corporation situation in which a firm cease to exist when an owner dies, quits, or sells the business. form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm payment made for the use of borrowed money requirement that an owner is personally and fully responsible for all losses and debts of business certificate of ownership in a corporation amount borrowed when getting a loan or issuing a bond stock of finished goods and parts held in reserve from of corporate ownership without vote, in which stockholders get their investments back before common stockholders